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Co-owners (Jan Jakubec, Aleš Havlíček) and managers (Daniel Obrátil) of Auto Base (BMW service in Prague, Czechia) acquired DyCom Group (BMW, BMW Motorrad, Honda Motorcycles dealer in Karlovy Vary) from BoostCar (Roman Růžek), through new established company Jenišov 187 s.r.o.
August 21, 2024 | 12:32pm CETflashread more
ČSÚ: Car prices in Czechia up by 0.1% m/m in July, down by 1.3% y/y (new: +0.1%, +1.8%; used: +0.1%, -3.3%). Inflation (consumer price index/CPI) in related areas developed differently – motorcycles (+0.9%, +2.6%), spare parts and accessories (+0.8%, +5.3%), fuels and oils (+1.3%, +5.6%), maintenance and repairs / service works (+0.5%, +8.3%)
August 21, 2024 | 12:24pm CETflashread more
Onsemi signed 10-year agreement worth USD 1.9 billion (EUR 1.75 billion) to supply silicon carbide (SiC) semiconductor products to Vitesco Technologies to boost electrification technologies (especially for 800 V automotive applications). At same time, Vitesco to provide Onsemi with USD 250 million (EUR 230 million) investment in new production equipment, and two companies to collaborate to further optimize traction inverters and electric vehicle drives
August 21, 2024 | 12:16pm CETflashread more
Volkswagen Financial Services concluded almost 700 financing contracts in Czechia during four and half months since launch of Electromobility Guarantee program from NRB (National Development Bank, guarantee for loan and subsidy for battery or fuel cell electric vehicle and charging stations for companies and entrepreneurs). Greatest interest is in Škoda Enyaq Tour 50, followed by Volkswagen ID.7 Pro People. Average financed value is CZK 609,000 (EUR 24,170)
August 16, 2024 | 11:51am CETflashread more
GlobalData cut 2024 Western European new car sales outlook by 160,000 units from 11.74 million (+1.6%) to 11,58 million (+0.2%)
August 16, 2024 | 11:40am CETflashread more
National Development Bank (NRB) accepted 3,289 applications (for 3,532 vehicles) in Czechia during more than four and half months (20 weeks, March 18 – August 6) since launch of Electromobility Guarantee program (guarantee for loan and subsidy for battery or fuel cell electric vehicle and charging stations for companies and entrepreneurs). Bank concluded 2,663 guarantee contracts, approved another 164 applications, now assessing 436 applications, rejected several units of applications. Greatest interest is in Tesla cars (1,680 vehicles until July 24), followed by Volvo (373), Škoda (228), Volkswagen (210), BMW (161), MG (156), Hyundai (99), Kia (66), Mercedes (66), Toyota (58), Ford (42), Renault (36), BYD (33), Dacia (32), Fiat (28), Peugeot (25), Citroën (20), Nissan (17), Mini (13), Opel (12) and others (70). Of total volume of allocated resources (CZK 1.95 billion/EUR 79 million – CZK 1.65 billion for BEVs/FCEVs + CZK 300 million for chargers), 54% (CZK 1.05 billion/EUR 42 million) currently reserved
August 15, 2024 | 04:34pm CETflashread more
Onsemi signed strategic agreement with Volkswagen to supply semiconductors that enable complete electric vehicle traction inverter solution for VW’s next-generation platform family. In first step, Onsemi to deliver EliteSiC 1200 V silicon carbide (SiC) power modules for traction inverters
August 15, 2024 | 04:15pm CETflashread more
VDA: Car production in Germany up by 13% y/y in July, export by 17%
August 14, 2024 | 11:40am CETflashread more
Raiffeisen-Leasing concluded more than 700 financing contracts in Czechia during five months since launch of Electromobility Guarantee program from NRB (National Development Bank, guarantee for loan and subsidy for battery or fuel cell electric vehicle and charging stations for companies and entrepreneurs). Greatest interest is in Tesla cars (over 90%), average loan amount for one vehicle is almost CZK 600,000 (EUR 23,810)
August 14, 2024 | 11:31am CETflashread more
GlobalData: New car sales in Western Europe down by 0.2% to 916,300 in July. Sales to grow by 0.2% to 11.58 million in 2024
August 14, 2024 | 11:25am CETflashread more
Vehicle Segment
Auto Esa suited SOVA association because of articles in Globus Car case
April 1, 2010 | 01:38am CEToriginalAccording to Auto Esa, SOVA is informing about the case in a misleading manner. Auto Esa also brought an action against Globus Car Praha, the case is still investigated by the police...
read moreNASA to help investigate cause of unintended acceleration in Toyota cars
April 1, 2010 | 01:16am CEToriginalDisagreement exists about whether the cause is a mechanical or an electronic fault. The National Academy of Sciences (NAS) will then launch a study on...
read moreCitroen EssentialDrive / IdealDrive: Extended warranty, road helpdesk, free service inspections
April 1, 2010 | 12:39am CEToriginalThe customer may obtain all of these when purchasing a new car in the Czech Republic till the end of May. Differences for passenger and commercial vehicles...
read moreAAA Auto returned to profit with lower revenues by 43.8% and car sales by 38.5% in 2009
March 31, 2010 | 11:50pm CEToriginalThe company withdrew from abroad, focused on the most liquid models and significantly reduced costs. Penetration of financial services, details of sales and other indicators...
read moreSlovak plant of Kia Motors reached net profit of EUR 25.9 million in 2009
March 31, 2010 | 11:39pm CEToriginalRevenues of Kia Motors Slovakia for 150,000 cars produced have amounted to EUR 1.68 billion. This represents profitability...
read moreToyota Motor for safety: Carmaker’s committee, external quality control, other training centres, new brake system, black boxes
March 31, 2010 | 11:27pm CEToriginalThe system, which allows braking in case of the stepped-on accelerator pedal, will be implemented by Toyota to its cars as of...
read moreTPCA to increase wages by 2.5%, surcharges for extra shifts by CZK 200 and pay one-time bonus
March 31, 2010 | 12:05pm CEToriginalNegotiations with the unions have been difficult in 2010; the agreement was helped by the report on a decline in car sales from Kolin. Details of the collective agreement and union penetration...
read moreReducing number of Mini dealers in Czech Rep and new showroom helped increase sales of Renocar in Brno
March 31, 2010 | 01:01am CEToriginalSales of the brand and dealer Renocar in 2008, 2009 and outlook for 2010; prices of the new SUV Mini Countryman...
read moreToyota Aygo, Citroen C1, Peugeot 108: Second generation of mini cars from TPCA to be introduced in 2011
March 31, 2010 | 12:34am CEToriginalThe carmakers Toyota and PSA will thus change their entry models after six years and put them against all-new mini cars Up! from Volkswagen Slovakia...
read moreKooperativa extended possibilities of information on liquidation of claims
March 30, 2010 | 11:35pm CEToriginalAnother information channel has been added to the Internet—SMS to a mobile phone. Advantages, possibilities and statistics of existing and new services...
read moreSubaru continues to cooperate with UniCredit leasing in Czech Rep under new brand Subaru Finance
March 30, 2010 | 11:09pm CEToriginalZero increase in financing is now possible to obtain with advance payment from 35% in contracts for 24 to 48 months. Part of the payments is insurance from...
read moreBYD reportedly interested in Maybach, Daimler and Chinese manufacturer of cars and batteries denied that
March 30, 2010 | 10:59pm CEToriginalSales of the Maybach brand is well below the level of competing Rolls-Royce and Bentley. Sales of Maybach cars in 2009...
read moreDirect insurance survey: 70% of drivers do not know when to change insurance company
March 30, 2010 | 10:48pm CEToriginalAccording to the survey, around 42% of motorists are unaware that when insurance company is changed, bonuses for driving without accidents can be transferred. More poll results...
read moreGeely intends to invest USD 900 million after purchase of Volvo Car
March 30, 2010 | 10:39pm CEToriginalThis amount will be spent to expand production. The companies Geely and Volvo Car will continue to operate independently...
read moreTriglav: Interest of clients in concluding insurance online grew by 10% last year
March 30, 2010 | 10:27pm CEToriginalThe biggest interest was in damage liability. The share of contracts negotiated over the Internet and the premiums for damage liability in 2009...
read moreMercedes-Benz ML: Third generation to enter market in Q2 2011
March 30, 2010 | 12:32am CEToriginalThis SUV, which is in the hierarchy between the small GLK and the largest GL, will therefore get a successor after six years. Expected start of production...
read morePrima: Skoda Auto makes recall actions in secret, currently relating to 2009 Fabia hatchback
March 30, 2010 | 12:14am CEToriginalThe carmaker is replacing one element of the luggage compartment, which does not affect the safety. The number of affected vehicles and details regarding the exchanged part...
read moreAuto-Exner Express Service: Service without order, while you wait, surcharged by 30%
March 29, 2010 | 11:51pm CEToriginalThe new service should save customers’ time and covers all the Volkswagen Group brands. Easy operations may be realized this way, such as...
read moreMazda to accelerate its entry into hybrid market, technologies to be supplied by Toyota
March 29, 2010 | 11:39pm CEToriginalIt will present the first hybrid using Mazda's new petrol engine SKY in 2013. However, within the plan for reducing fuel consumption by 30% by 2015...
read moreCitroen has prepared series of spring service offers in Czech Rep
March 29, 2010 | 11:27pm CEToriginalIt is a service inspection, discount on selected parts and tires, discount coupons for summer accessories, air-conditioning inspection and packets...
read moreSkoda Fabia GreenLine: 1.2 TDI (55 kW) engine, consumption of 3.4 l/100 km, CO2 emissions of 89 g/km
March 29, 2010 | 04:33am CEToriginalThe car will be available to order first on the markets with the tax advantage of ecological cars. Roomster GreenLine, Yeti GreenLine, Superb GreenLine...
read moreGoodyear won several contracts from Volkswagen Group to supply primary production with tires
March 29, 2010 | 04:22am CEToriginalGoodyear and Dunlop tires will be delivered to Skoda Auto and Volkswagen Slovakia for models...
read moreToyota's recall begins affecting Czech plant TPCA, it will reduce production
March 29, 2010 | 04:08am CEToriginalTPCA has lower orders from the Japanese carmaker in April, it will cancel extra shifts. Demand from PSA does not decline. Collective bargaining...
read moreSaab sales fell by 57.2% in 2009, carmaker expects growth by 50% in 2010
March 29, 2010 | 03:58am CEToriginalHowever, management will still be loss-making this year. Production and management of the parent company Spyker Cars in 2009...
read moreAnalysts: AAA Auto revenues fell by 56% in 2009 at car sales drop by 42%
March 29, 2010 | 12:51am CEToriginalThe company probably returned to profitability last year. In 18 years of its existence, AAA Auto sold 500,000 used cars...
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